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American Electric Power Company Inc. - AEP STOCK NEWS

Welcome to our dedicated news page for American Electric Power Company (Ticker: AEP), a resource for investors and traders seeking the latest updates and insights on American Electric Power Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Electric Power Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Electric Power Company's position in the market.

News
AEP Named Leader on New JUST Jobs Scorecard
Rhea-AI Summary
American Electric Power (AEP) receives the JUST Jobs Leader designation on the JUST Jobs Scorecard, showcasing its commitment to employee well-being and development. AEP excels in employee wellness and training, earning maximum scores in these areas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
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none
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News
AEP Completes Sale of New Mexico Solar Assets
Rhea-AI Summary
American Electric Power (AEP) completes the sale of its 50% interest in New Mexico Renewable Development, LLC to Exus North America Holdings, LLC, netting approximately $104 million. The sale includes nine operating solar developments and six projects under development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
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none
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News
AEP Reports 2023 Earnings Results
Rhea-AI Summary
American Electric Power (AEP) reports 2023 GAAP earnings of $4.26 per share, with operating earnings at $5.25 per share. 2024 operating earnings guidance remains at $5.53 to $5.73 per share. The company focuses on de-risking, cost control, and grid investments to benefit customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
Tags
earnings
News
AEP Announces CEO Transition
Rhea-AI Summary
American Electric Power (AEP) appoints Benjamin G.S. Fowke III as interim CEO & President, while Sara Martinez Tucker becomes Chair of the Board. The company also discloses its 2023 financial results and reaffirms its 2024 operating earnings guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
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none
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News
AEP Schedules Live Webcast of Quarterly Earnings Call
Rhea-AI Summary
American Electric Power (AEP) has scheduled a quarterly earnings conference call for financial analysts. AEP is a major electricity producer and distributor with a focus on sustainability and clean energy. The company aims to reduce carbon emissions and achieve net zero by 2045.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
earnings
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News
AEP Appoints Two New Directors
Rhea-AI Summary
American Electric Power (AEP) announces an agreement with Icahn Capital L.P. to add Hunter C. Gary and Hank P. Linginfelter to its Board of Directors. The company aims to leverage their expertise to enhance value for shareholders and optimize its operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
management
News
AEP Named One of America's Most JUST Companies for Fourth Consecutive Year
Rhea-AI Summary
American Electric Power (AEP) has been named to the JUST 100 list for the fourth year in a row, recognizing the company as one of America's best corporate citizens. AEP ranked in the top 20, showcasing its commitment to stakeholders and excellence in creating jobs, protecting worker health and safety, and environmental sustainability. AEP's chair, president, and CEO, Julie Sloat, expressed pride in the company's efforts to support employees, customers, and communities while delivering reliable and affordable service for a brighter energy future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
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none
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News
AEP Receives Top Customer Service Awards from EEI and Key Business Customers
Rhea-AI Summary
American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards from the Edison Electric Institute (EEI) and national key accounts customers. AEP's National Accounts team manages 250 large, multi-site customers representing more than 60,000 billed accounts within AEP's 11-state service territory. The company is investing $43 billion over the next five years to make the electric grid cleaner and more reliable, aiming for an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and net zero by 2045.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
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none
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News
AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
Rhea-AI Summary
American Electric Power Co. declares a regular quarterly cash dividend of 88 cents per share on the company's common stock, payable on March 8, 2024. AEP has paid a cash dividend on its common stock every quarter since July 1910. The company is investing $43 billion over the next five years to make the electric grid cleaner and more reliable, aiming for an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and net zero by 2045.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
dividends
News
APPALACHIAN POWER, WHEELING POWER SEEK APPROVAL OF SETTLEMENT AGREEMENT IN FUEL COST CASES
Rhea-AI Summary
American Electric Power (AEP) subsidiaries Appalachian Power and Wheeling Power have filed a settlement agreement with the Public Service Commission of West Virginia to address their Expanded Net Energy Cost (ENEC) cases. The agreement aims to recover deferred fuel and purchased power costs, storm restoration expenses, power plant balances, and environmental compliance project expenses through securitization. The settlement is subject to review and approval by the PSC. If approved, it will benefit West Virginia customers by spreading out necessary costs to keep customer bills affordable and support a reliable energy system.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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none
Stock AEP logo
American Electric Power Company Inc.

Nasdaq:AEP

AEP Rankings

#274 Ranked by Market Cap
#3018 Ranked by Stock Gains
#814 Ranked by Dividends

AEP Stock Data

41.87B
525.26M
0.03%
78.54%
1.78%
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About AEP

american electric power is one of the largest electric utilities in the united states, delivering electricity to more than 5 million customers in 11 states. aep ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the u.s. aep also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other u.s. transmission systems combined. aep’s utility units operate as aep ohio, aep texas, appalachian power (in virginia and west virginia), aep appalachian power (in tennessee), indiana michigan power, kentucky power, public service company of oklahoma, and southwestern electric power company (in arkansas, louisiana and east texas). aep’s headquarters are in columbus, ohio.